Cloud computing is an emerging technology in the IT industry for the sharing of resources in order to achieve higher utilization of IT resources. Companies are adopting new technologies, such as internet of things (IoT), artificial intelligence, and mobile app hosting, in order to streamline the development and networking process. Cloud computing offers internet services to any employee of a company with high scale computing power.
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Cloud networking is a term describing the centralized access of all networking resources using wide area networking. In organizations, there different applications runs on server such as network management, virtual desktop, voice over internet protocol (VoIP), and unified network. Managed cloud networking platform offers security and privacy in data transmission and it also provides the high availability of data to accessible to user all the time.
The global managed cloud networking platforms market can be segmented based on services type, cloud deployment, enterprise size, end-user, and region. Based on services type, the managed cloud networking platforms market can be classified into business, security, mobility, network, and data center.
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Based on cloud deployment, the market can be segregated into public and private cloud. Based on enterprise size, the managed cloud networking platforms market can be bifurcated into small-medium enterprises and large enterprises. In terms of end-user, the managed cloud networking platforms market can be divided into telecom and ITES, banking, financial services & insurance (BFSI), healthcare, government & education, retail & consumer, manufacturing & automotive, and media & entertainment.